are there foreclosures in corvallis or: Are there Foreclosures in Corvallis OR?
- 04/08/12 12:47 PM
The answer is yes BUT very, very few. Corvallis did not have completely through the roof prices during the boom years and now has not completely on the bottom prices either. In essence it is on lots of market levels an already balanced market again. Inventory is not amazingly high, prices are in average about 13% lower than in 2008 (Jan 2008 compared to Jan 2012). If you bought a house in Jan 2008 for 450000, chances are it is now selling for under $400000. But compare that to areas where homes have lost 40% of their value…
The answer is yes BUT very, very few.
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